Ribbit LEAP Net Income
Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ribbit LEAP, as well as the relationship between them.
Analyzing historical trends in various income statement and balance sheet accounts from Ribbit LEAP's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Ribbit LEAP's valuation are summarized below:Ribbit LEAP does not presently have any trending fundamental ratios for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Ribbit |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, Ribbit LEAP reported net income of 103.32 M. This is 91.91% lower than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The net income for all United States stocks is 81.9% higher than that of the company.
Ribbit Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ribbit LEAP's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ribbit LEAP could also be used in its relative valuation, which is a method of valuing Ribbit LEAP by comparing valuation metrics of similar companies.Ribbit LEAP is currently under evaluation in net income category among its peers.
Ribbit Fundamentals
| Return On Asset | -0.13 | |||
| Current Valuation | 582.09 M | |||
| Shares Outstanding | 41.26 M | |||
| Shares Owned By Institutions | 61.16 % | |||
| Number Of Shares Shorted | 63 K | |||
| Price To Earning | 4.43 X | |||
| Price To Book | 123.29 X | |||
| Price To Sales | 0.48 X | |||
| Revenue | 2.9 B | |||
| Gross Profit | 1.03 B | |||
| EBITDA | 248.89 M | |||
| Net Income | 103.32 M | |||
| Cash And Equivalents | 621.11 K | |||
| Cash Per Share | 0.01 X | |||
| Debt To Equity | (24.72) % | |||
| Current Ratio | 2.64 X | |||
| Book Value Per Share | (0.77) X | |||
| Cash Flow From Operations | (592.28 K) | |||
| Short Ratio | 0.81 X | |||
| Earnings Per Share | 2.26 X | |||
| Price To Earnings To Growth | (0.18) X | |||
| Number Of Employees | 3.29 K | |||
| Beta | 2.05 | |||
| Market Capitalization | 458.19 M | |||
| Total Asset | 4.66 B | |||
| Retained Earnings | (2.35 B) | |||
| Working Capital | 346.94 M | |||
| Current Asset | 1.19 B | |||
| Current Liabilities | 841 M |
Pair Trading with Ribbit LEAP
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ribbit LEAP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ribbit LEAP will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Eastman Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastman Chemical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eastman Chemical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eastman Chemical to buy it.
The correlation of Eastman Chemical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eastman Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastman Chemical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eastman Chemical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in Ribbit Stock
If you are still planning to invest in Ribbit LEAP check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ribbit LEAP's history and understand the potential risks before investing.
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